Morning Wire

Trump’s Seismic Economic Shift | 2.15.25

30 snips
Feb 15, 2025
Financial expert Eric Schiffer, CEO of The Patriarch Organization, shares insights on Trump’s radical economic agenda. He discusses how newly announced tariffs and federal regulations could reshape inflation and trade. Schiffer emphasizes the promising trends in the housing market and the importance of energy sector growth in driving economic stability. The conversation also touches on the potential impact of tax cuts on consumer spending and the surprising benefits of job losses for long-term economic strength.
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INSIGHT

Inflation Report Insights

  • January's inflation report shows concerning increases, especially a 4% rise in housing costs.
  • However, housing data lags, so the actual situation might be improving.
INSIGHT

Optimism on Housing

  • Housing data has a time delay in its reporting.
  • More recent data suggests a more positive outlook for the housing market.
INSIGHT

Energy Sector Growth

  • President Trump's focus on energy sector growth will have a significant impact, but not instantly.
  • It takes time to implement changes and see tangible results in energy production.
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